AML/CTF software for Australian conveyancers
Property-file AML/CTF workflows for conveyancers, from designated-service scope and party verification through beneficial ownership, settlement risk, restricted reporting and review evidence.
Five situations, in plain words
Illustrations of questions conveyancers meet. Not customers, and not a decision for your file.
A standard conveyance is often covered. Start the file when the job starts.
Check the vendor and the purchaser, and the people who actually control them.
Money in the trust account for settlement stays attached to that property file.
A company purchase is not the same job as a house purchase. Scope it separately.
If the source of the money does not make sense, pause and record why.
Work that can be covered
- Conveyancing and real-property transfers
- Receiving, holding or controlling client money or property for a captured transaction
- Assisting with a business or entity transfer
- Company or trust formation where lawfully provided
- Other captured transaction services provided by the conveyancing practice
What to keep on the file
- Property, matter and party identifiers
- Vendor, purchaser and beneficial-owner checks
- Trust-money and transaction context
- Risk escalation and approval records
- Settlement, reporting and retention evidence
Guides for conveyancers
- AML/CTF for conveyancers5 min
A complete Australian guide to conveyancing designated services, customer due diligence, settlement risk, delayed CDD, reporting and matter controls.
- When conveyancing becomes regulated5 min
A milestone-based guide to when Australian conveyancing moves from general information into directly advancing a sale, purchase or transfer of real estate.
- Conveyancing delayed CDD6 min
How Australian conveyancers apply the buyer-side delayed CDD conditions, 28-day exchange limit, three-day settlement limit and shared verification rules.
- Settlement funds red flags5 min
A practical Australian conveyancing guide to funding changes, third-party payments, entity buyers, source-of-funds checks, enhanced CDD and SMR escalation.
- Transfer and court-order boundaries5 min
When gifts, family transfers, financial agreements, consent orders and court-directed property transfers fall inside or outside conveyancing AML/CTF scope.
- Conveyancer checklist3 min
A matter-file AML/CTF checklist for conveyancers: designated service start, vendor and purchaser CDD, settlement deadlines, reporting and records.
- ECDD and source of funds3 min
When a conveyancing matter needs enhanced due diligence, how to verify source of funds and wealth, and the evidence a settlement file should hold.
- Counterparty checks3 min
Which parties a conveyancer must identify and verify, how to handle uncooperative counterparties and what the file must show for each role.
- Conveyancing VOI versus AML CDD3 min
Distinguish electronic-conveyancing identity, authority and right-to-deal controls from the additional matters considered in AML customer due diligence.
Questions conveyancers ask
Are all conveyancers regulated by AUSTRAC?
No. It depends on whether the business provides a designated service with the required Australian link, not on the professional title. Assess each service and take advice where the boundary is uncertain.
What should conveyancers keep for an AML/CTF review?
The scope decision, customer and beneficial-owner evidence, the risk assessment, screening and escalation decisions, approvals, reporting records, training and the current AML/CTF program.
Does Cassandra AML replace legal advice?
No. It organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.